Aditya Birla SL FTP-TH-1098 days scheme details

Aditya Birla SL FTP-TH-1098 days scheme details

Aditya Birla SL FTP-TH-1098 days scheme details

ABSL Mutual Fund launches a new FTP scheme on 27th April 2021. It is a close-ended debt-income scheme. The name of the scheme is Aditya Birla SL FTP-TH – 1098 days. The scheme will mature in 1098 days from the date of allotment. Moreover, the offer will close for subscription on May 05, 2021. 

As of SID, the scheme may suitable for investors who seek income with capital growth over the long term. The offer of units of Rs. 10/- each during the NFO.

Further, the investors should consider that their principal will at moderate risk.

Basic Details of FTP:

 NFO Name  ABSL FTP – TH 1098 days
 Subscription Period  April 27, 2021 – May 05, 2021
 NFO Type  close-ended income scheme
 Benchmark  Crisil Composite Bond Fund Index
 Fund Manager  Mohit Sharma

ABSL MF’s TH series fixed transfer pricing scheme remains available in regular and direct plans along with growth and IDCW options.

Investment Objective:

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.

Minimum Investment:

Initially, investors should invest a minimum of Rs. 1,000/- and in multiples of Rs. 10/- thereafter.

Further, the entry and exit load structures do not applicable under the scheme.

Asset Allocation Pattern:

 Instruments  Indicative allocations (% of total assets)  Risk Profile
 Minimum  Maximum
 Debt Securities including G-Sec ( excluding MMI)  70  100   Low to Medium
 Money Market Instruments  0  30  Low to Medium

Disclaimer: This article offers just information regarding the scheme. It does not provide any advice or investment tips to investors. MF investments are fixed to market risk. Please consult your financial advisor before investing.

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